Saia reports July-Aug LTL shipments up 6.0% and 14.2% YoY; tonnage up 3.4% and 6.8% YoY

SAIA INC

July 2023: LTL shipments/workday +6.0% YoY, tonnage/workday +3.4% YoY, weight/shipment -2.4% to 1,401 lbs.
August 2023: LTL shipments/workday +14.2% YoY, tonnage/workday +6.8% YoY, weight/shipment -6.4% to 1,339 lbs.
Weight per shipment declining indicates more small shipments, typical in LTL during economic shifts.
Data provides early Q3 2023 operational trend; Saia operates 193 terminals across 45 states.

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